The College of Business Administration Alumni Association established this honor in 1987 to recognize distinguished alumni in the name of a fellow alumnus, dedicated professor, friend and a legend in the College of Business Administration.

Dr. Frank L. Simonetti graduated from The University of Akron in 1940 with a bachelor's degree in business administration. He began his teaching career at The University of Akron in 1942 as an instructor and moved through the ranks to associate professor in 1952. When the new College of Business Administration was established in 1953, Dr. Simonetti was named as the first department head of management. The following year he was promoted to the rank of professor.

As the department head, Dr. Simonetti developed the undergraduate curriculum in management and designed and put into operation the graduate curriculum leading to the master's degree in business administration in management. He originated and directed the University's annual Management Development Seminar, and directed the preparation of the initial report leading to the College of Business Administration's accreditation by the American Assembly of Collegiate Schools of Business. Dr. Simonetti also served as a consultant to the universities here and abroad, as well as to government agencies and private organizations.

Dr. Simonetti headed the management department until 1981, when he began his five-year retirement phase-down. Throughout his retirement he maintained his involvement with the college and the University. He passed away on Sept. 28, 2006, at the age of 91.

Dr. Simonetti is remembered for his outstanding contributions to the city of Akron, the University, his students and colleagues. His legacy will continue as alumni and faculty pass on his passion for the college, business community and University family.